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Wednesday, July 23, 2025
TopicG7

Topic: G7

Russian crude refined in third country is no longer a ‘product of Russia’, says US Treasury official

At an event in New Delhi, US treasury official Anna Morris says Washington has not asked India to reduce its purchase of Russian crude. India was top buyer of Russian oil in 2023.

India’s solar energy experience pivotal to Africa outreach, says International Solar Alliance D-G

Ajay Mathur, director general of International Solar Alliance, says pioneering efforts in solar mini-grid sector have played crucial role in advancing solar energy accessibility.

G7 calls for humanitarian pause in Gaza, release of Israelis taken hostage by Hamas

After a two-day meet in Tokyo, G7 foreign ministers condemned Hamas attack while calling for passage to ensure humanitarian aid reaches Gaza.

G7 ministers rely on China to press Russia for complete withdrawal from Ukraine

The statement comes as China's top diplomat, Wang Yi, visits Russia for a four-day trip during which both nations are expected to pledge deeper political ties.

China wants to turn BRICS into an anti-G7 grouping. And push yuan instead of common currency

Beijing is targeting to induct countries like Saudi Arabia and Indonesia into BRICS, which are relatively agnostic about Chinese ideas of trade and investment.

Middle power era is here. India can’t afford to miss the bus again

The two contesting powers US and China are also having to look for allies, supporters, and strategic partners from among middle powers.

‘G7 and like-minded countries’ must continue sanctions on Russia over Ukraine, says Japan

Japan's foreign minister Yoshimasa Hayashi, who made the comments, said he hoped the sanctions would encourage Russia to put an end to its aggression in Ukraine 'as soon as possible'.

G7 talks of restricting trade in Russian diamonds stoke unease in Surat, traders await ‘fine print’

Traders in Surat say rough diamonds that arrive in India are 'substantially transformed'. Any G7 sanctions on Russian diamonds will negatively hurt industry, they fear.

US debt standoff overshadows G7 finance leaders’ meeting

The US debt crisis is a headache for Japan, which is this year's G7 chair and the world's biggest holder of US debt.

Japan to invite emerging nations to G7 finance leaders’ meeting

Japan is chair of this year's meeting of G7 advanced economies. The meeting of finance ministers and central bank governors is scheduled to be held in Niigata on 11-13 May.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.